A New Bull Run? Bitcoin Investors Have Stopped Selling, And Demand Is Rising

A New Bull Run? Bitcoin Investors Have Stopped Selling, And Demand Is Rising

Bitcoin flows into exchanges have dropped to levels not seen in over six years, and this could be the first of many signs of a bull run. The latest on-chain data shows a massive drop in the amount of BTC being moved onto trading platforms, hinting at a slowdown in selling activity even as uncertainty […]


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Big Bitcoin Holders Are Selling, But Few Buyers Are Stepping In As Demand Wea...

Bitcoin’s price has struggled to maintain stability above $102,000 in recent days, and data shows this is due to an apparent imbalance between selling pressure and fresh demand.  On-chain data from CryptoQuant reveals that while long-term holders have been actively taking profits, the market is showing limited capacity to absorb their sell-offs. This is a contrast to previous phases of the bull run, where rising demand was able to offset increased long-term holder activity.  Related Reading: XRP’s Price Doesn’t Match Its Growing Real-World Use, Study Finds Rising Long-Term Holder Selling....

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‘Think Again’ Before Selling Your XRP; Expert Tells Investors

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Bitcoin price can only go up if $30K accumulation 'reset' continues — research

Investors who sold BTC above $30,000 on the way to all-time highs are now buying back in, Ecoinometrics reveals. Bitcoin (BTC) is seeing a “reset” in investor behavior at $30,000 and the trend need only continue to spark a price rise.According to on-chain monitoring resource Ecoinometrics on July 13, the only way is “up” for BTC/USD if hodlers continue accumulating coins."Intriguing" data points to fresh demandAnalyzing who bought coins since the start of the latest bull run in October 2020, Ecoinometrics showed that major change is afoot compared to last year.At the start, it was smaller....